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AEMULUS HOLDINGS BERHAD
A N N U A L R E P O R T 2 0 1 6
25. GOVERNMENT GRANT
The subsidiary of the Group has been granted approval by the Malaysian Investment Development Authority (“MIDA”),
vide MIDA’s letter dated 6 June 2013 to receive the following grants under the Domestic Investment Strategic Fund
pertaining to the subsidiary’s activity in “Radio Frequency (RF) Semiconductor Tester”:
(i)
a “matching 1:1 research & development grant” up to RM4,387,276, for a period of two (2) years commencing
2013; and
(ii)
a “matching 1:1 training grant” up to RM120,300, for a period of two (2) years commencing 2013.
As at the end of the reporting period,
RM2,701,378
(30.9.15: RM1,645,218) has been disbursed to the subsidiary for
research and development purposes.
26. COMMITMENTS
GROUP
30.9.16
30.9.15
RM
RM
Capital commitments
Contracted but not provided for:
- Property, plant and equipment
–
313,834
27. FINANCIAL INSTRUMENTS
27.1 Categories of financial instruments
The table below provides an analysis of financial instruments categorised as:
(i)
Loans and receivables (“L&R”);
(ii)
Available-for-sale financial assets (“AFS”); and
(iii) Financial liabilities measured at amortised cost (“FL”).
Carrying
amount
L&R
AFS
FL
RM
RM
RM
RM
GROUP
30.9.16
Financial assets
Trade receivables
11,607,501 11,607,501
–
–
Other receivables and refundable deposits
361,152
361,152
–
–
Other investment
22,849,433
– 22,849,433
–
Fixed deposits with licensed banks
1,470,540 1,470,540
–
–
Cash and bank balances
2,437,041 2,437,041
–
–
38,725,667 15,876,234 22,849,433
–
Financial liabilities
Trade payables
1,629,611
–
–
1,629,611
Other payables and accruals
1,316,232
–
–
1,316,232
2,945,843
–
–
2,945,843
NOTES TO THE FINANCIAL STATEMENTS
(Cont’d)
– 30 SEPTEMBER 2016